Meanwhile, the BSE Sensex was up 49.28 points, or 0.27% at 18,047.69.

On BSE, 5,254 shares were traded in the counter as against an average daily volume of 9,265 shares in the past one quarter.

The stock hit a high of Rs 200 and a low of Rs 194 so far during the day. The stock had hit a 52-week high of Rs 205.95 on 16 August 2010 and a 52-week low of Rs 103 on 2 September 2009.

The small-cap stock had outperformed the market over the past one month till 27 August 2010, rising 13.50% as compared to the Sensex's 0.44% decline. It had also outperformed the market in the past one quarter, gaining 36.31% as compared to the Sensex's return of 7.99%.

The company has an equity capital of Rs 6.48 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 1.27% based on closing price of Rs 197.10 on Friday, 27 August 2010.

Balaji Amines' net profit rose 23.9% to Rs 6.22 crore on 34.1% rise in net sales to Rs 78.91 crore in Q1 June 2010 over Q1 June 2009.